Monday, 23 July 2018

Iran pips Saudi as India’s No. 2 oil source

Iran displaced Saudi Arabia as India’s second-largest oil supplier in the first quarter of the current fiscal, regaining a position it lost seven years ago, as state-run refiners scrambled to take advantage of Tehran’s attractive financial terms before the US sanctions covering the oil industry come into force in November.

from Times of India https://ift.tt/2AaT7XQ
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